Yangzijiang Shipbuilding Likely to Guide for More New Order Wins

Dow Jones

2025/02/06

0314 GMT - Yangzijiang Shipbuilding's management is expected to guide for higher new order wins this year, says UOB Kay Hian analyst Adrian Loh. The shipbuilder's new Yangzi Hongyuan yard in China will be ready for operation in 2H 2026, he writes in a note. With the new capacity taken into consideration, the brokerage estimates Yangzijiang Shipbuilding's new order win target could be between US$6 billion and US$7 billion. The company has a 2024 order win target of US$4.5 billion. UOB Kay Hian has a buy rating on the stock and a target price of S$3.60. Shares are flat at S$3.07.(amanda.lee@wsj.com)

(END) Dow Jones Newswires

February 05, 2025 22:14 ET (03:14 GMT)

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The shipbuilder's new Yangzi Hongyuan yard in China will be ready for operation in 2H 2026, he writes in a note. With the new capacity taken into consideration, the brokerage estimates Yangzijiang Shipbuilding's new order win target could be between US$6 billion and US$7 billion. The company has a 2024 order win target of US$4.5 billion. UOB Kay Hian has a buy rating on the stock and a target price of S$3.60. Shares are flat at S$3.07.(amanda.lee@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 05, 2025 22:14 ET (03:14 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Yangzijiang Shipbuilding Likely to Guide for More New Order Wins</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nYangzijiang Shipbuilding Likely to Guide for More New Order Wins\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-02-06 11:14</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0314 GMT - Yangzijiang Shipbuilding's management is expected to guide for higher new order wins this year, says UOB Kay Hian analyst Adrian Loh. The shipbuilder's new Yangzi Hongyuan yard in China will be ready for operation in 2H 2026, he writes in a note. With the new capacity taken into consideration, the brokerage estimates Yangzijiang Shipbuilding's new order win target could be between US$6 billion and US$7 billion. The company has a 2024 order win target of US$4.5 billion. UOB Kay Hian has a buy rating on the stock and a target price of S$3.60. Shares are flat at S$3.07.(amanda.lee@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 05, 2025 22:14 ET (03:14 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0577902298.EUR","symbol_name":"FULLERTON LUX FUNDS - ASIA GROWTH & INCOME EQUITIE \"I\" (EUR) ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2509299718","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2509299718","pubTimestamp":1738811640,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0314 GMT - Yangzijiang Shipbuilding's management is expected to guide for higher new order wins this year, says UOB Kay Hian analyst Adrian Loh. The shipbuilder's new Yangzi Hongyuan yard in China will be ready for operation in 2H 2026, he writes in a note. With the new capacity taken into consideration, the brokerage estimates Yangzijiang Shipbuilding's new order win target could be between US$6 billion and US$7 billion. The company has a 2024 order win target of US$4.5 billion. UOB Kay Hian has a buy rating on the stock and a target price of S$3.60. 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The shipbuilder's new Yangzi Hongyuan yard in China will be ready for operation in 2H 2026, he writes in a note. With the new capacity taken into consideration, the brokerage estimates Yangzijiang Shipbuilding's new order win target could be between US$6 billion and US$7 billion. The company has a 2024 order win target of US$4.5 billion. UOB Kay Hian has a buy rating on the stock and a target price of S$3.60. Shares are flat at S$3.07.(amanda.lee@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 05, 2025 22:14 ET (03:14 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}